Engage your students in the key concepts of international theory and policy. International Economics: Theory and Policy, 12 th Edition provides a balanced coverage of global theory and policy. With an array of features and examples, this edition will equip your students with the skills to understand the developments in the changing global economy. A balanced, global approach to economic theory and policy applications International Economics: Theory and Policy, Global Edition, 12 th Edition by Paul Krugman, Maurice Obstfeld, and Marc Melitz, provides an engaging, balanced coverage of the key concepts of international theory and policy, from theory to practice. Divided into two halves, the first half is devoted to trading and the second half to monetary questions. The text provides a comprehensive introduction to theory and events, as well as detailed coverage of the actual policies put into place. This latest edition is thoroughly updated and revised, highlighting important economic developments on a theoretical and practical level, with many updates focusing on the recent COVID-19 pandemic experience and its implications on the global economy.